Tlustration 11 From the following trial balance you are required to prepare Trading and Profit and loss account and Balance sheet for the year ended 31st December 2011 Dr. Amount Cr. Amount $30,000 Particulars Capital Opening stock Direct expenses Salaries Purchases Rent and rates Sales Interest received S6,800 $3,200 53,000 537,000 $4,000 $65,000 $2,400 14 5600 Discount received Drawings Advertisement Cash in hand Cash at bank Sundry debtors Furniture Sundry creditors $4,000 $1.000 $5.000 $12.000 $16,000 $14,000 $8,000 $106.000 5106,000 The stock on 31 December 2011 is $17.600 Anner Particulars Amount Particulars Amount